Don't hold on. I got out at $92. Will not trade these ETNs any more. GS is now slightly bullish on oil. DWTI is probably on its way to another reverse split. There are a lot of ways to lose money, but these ETNs are the quickest.
I pay a guy $450 every three months for 3x-leveraged timing advice, and Lis puts this guy to shame.
Looking for $28, but IF dgaz drops below $14, I will sell.
Somebody posted that he committed suicide. I did not verify.
I pay a timer to make my buy and sell decisions. If he can't get it right, then I don't have any desire to trade these ETNs.
I sold at $10 for a HUGE LOSS, lol. Watch out, nobody was prepared for this gold rally, caught everyone with their pants down. Would not surprise me if gold marches higher after this little consolidation. The chart for $gold is bullish.
matt, if it closes below $100 tomorrow, I will sell for a small loss and stop trading these ETNs. I would rather have several thousand $$$ sitting in a bank account than continually lose money trading these funds.
Lol, $44 was probably the top. He did say a range from $32 to $42. Btw, my timer has given sell signals for oil and gas. Dwti is probably going to make a 100% gain in the next few weeks.
Right, wrong, why should he care? I am sure that he has a contract with CNBC and gets paid $$$ for every appearance he makes. He is laughing all the way to the bank.
Imo, he is just guessing. Haven't seen anyone who can time gold. I will even bet you that Mike Khouw completely missed the bull latest run in gold.
I will sell dwti if it drops below $100, and I will avoid these ETNs in the future.
SA, Iran, and Russia ALL are threatening to increase production by one or more million barrels/day. I guess the whole point of Doha was to stir the pot, lol.